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i'll call it the economy tax. it's been crushing. >> let's talk about taxes, because i think it's instructive. now, four years ago when i stood on this stage, i said that i would cut taxes for middle class families, and that's exactly what i did. we cut taxes for middle class families by about $3,600, and the reason is because i believe that we do best when the middle class is doing well. >> that was just a couple of highlights from last night's presidential debate. we're going to go more than just play soundbytes. we're going to replay the entire debate next hour of cnn newsroom, so you can judge for yourself just how the candidates performed. which candidate would do a better job of growing a sluggish economy? voters, they're looking for answers. last night's debate, did they actually even get them? we're going to bring in our cnn chief business correspondent alshi velshi. an incredible debate. ali, i want to start off with you first. >> yeah. >> one of the things that mitt romney was very consistent on, the mes
i'll call it the economy tax. it's been crushing. >> let's talk about taxes, because i think it's instructive. now, four years ago when i stood on this stage, i said that i would cut taxes for middle class families, and that's exactly what i did. we cut taxes for middle class families by about $3,600, and the reason is because i believe that we do best when the middle class is doing well. >> that was just a couple of highlights from last night's presidential debate. we're going to...
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it really say fun way of looking at the economy, of how beer is affected by the way the economy is doing. overall -- you're laughing. overall it's typically considered recession proof. it's cheap. but for $8 or $9, you can get a nice six pack at home without breaking the bank. and president obama also has a home brewing kit. all sorts of ways to drink your beer. >> i like when you say it's a fun way of looking at the economy. >> make it fun and entertaining. >> we'll have a brew after the show. thank you so much, alison kosik. >>> epic smackdown and a star is born. jennifer livingston in lacrosse, wisconsin, had more than a few choice words for a fan who criticized her weight. that fan wrote, quote, obesity is one of the worst choices a person can make. then he advised livingston to reconsider your responsibility to present and promote a healthy lifestyle. livingston responded speaking directly to that man who sent her that e-mail. his name is kenneth crouse. >> do you think i don't know that, that your cruel words are pointing out something that i don't see? you don't know me. you are n
it really say fun way of looking at the economy, of how beer is affected by the way the economy is doing. overall -- you're laughing. overall it's typically considered recession proof. it's cheap. but for $8 or $9, you can get a nice six pack at home without breaking the bank. and president obama also has a home brewing kit. all sorts of ways to drink your beer. >> i like when you say it's a fun way of looking at the economy. >> make it fun and entertaining. >> we'll have a...
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it is not -- i want it hear what they have to say about how to solve the economy. they want to see how they do. and i think a lot of things -- the conventional wisdom is that all the debates do is reinforce your ideas about a candidate that you support, or don't support. but there are -- i think there is room that somebody can do something or say something that will really turn people off. and that's what happened with george bush. >> yeah. >> whom ied amir ed amiadmire a >> they were pretty quiet the last couple of days, perhaps practicing memorizing numbers and facts and zingers, but really it is interesting that you point out that -- >> what was that about? >> what is that about? what do you think that is about? >> romney is practicing zingers? he's not very funny. i mean -- >> newt gingrich says he should be funny. you say no? >> i've watched him. i was in iowa. and saw his campaigning there. and he tries to be funny. it just doesn't come through. >> but what about for the president? some say he could be a tad too professorial or cool which can be a turnoff for
it is not -- i want it hear what they have to say about how to solve the economy. they want to see how they do. and i think a lot of things -- the conventional wisdom is that all the debates do is reinforce your ideas about a candidate that you support, or don't support. but there are -- i think there is room that somebody can do something or say something that will really turn people off. and that's what happened with george bush. >> yeah. >> whom ied amir ed amiadmire a >>...
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only 114,000 jobs added to the economy. you had that psychological boost of the unemployment rate going down to 7.8%. is the obama camp doing the happy dance? >> well, they're not doing a happy dance, carol, because the president is always the first one to say that even though we are headed in the right direction, and these numbers continue to prove that, we're now at the 31 straight months of private sector job creation. he says there is a lot more to do. he knows there is a lot more people out there that want jobs, that need jobs, and it is always a reason he talked about for the policies he's putting in place. we're going in the right direction. it is working but we need more to do. it is important psychologically because it is now below 8% and he's also now at a net job creation number for his term. it has taken away two important talking points from the republicans in terms of the jobs numbers. >> and i'll ask you this, some conservatives are coming out and saying that these jobs numbers are skewed. and something has b
only 114,000 jobs added to the economy. you had that psychological boost of the unemployment rate going down to 7.8%. is the obama camp doing the happy dance? >> well, they're not doing a happy dance, carol, because the president is always the first one to say that even though we are headed in the right direction, and these numbers continue to prove that, we're now at the 31 straight months of private sector job creation. he says there is a lot more to do. he knows there is a lot more...
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that could help boost the economy. this is notable because it comes after three months of contraction in manufacturing. also, you look at china, manufacturing in china, in europe, it is going backwards it contracting. sobucking the trend. a good surprise for the u.s. manufacturing is what helped get us out of the recession in 2009. we saw activity picked up, hiring picked up. we saw the trend continuing. we want to see that continue to help the economy move forward. with a lot more momentum. >> we like it. we like the direction. alison kosik, thank you very much. >>> there are a lot of protests over mahmoud ahmadinejad in the united states this last week for the u.n. general assembly. a cameraman for the president of iran is now saying he doesn't want to go back home to iran, he wants to stay here. hear what he just did to make that happen. and the candidate's speech is in pieces all over the district. the writer's desktop and the coordinator's phone are working on a joke with local color. the secure cloud just receive
that could help boost the economy. this is notable because it comes after three months of contraction in manufacturing. also, you look at china, manufacturing in china, in europe, it is going backwards it contracting. sobucking the trend. a good surprise for the u.s. manufacturing is what helped get us out of the recession in 2009. we saw activity picked up, hiring picked up. we saw the trend continuing. we want to see that continue to help the economy move forward. with a lot more momentum....
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more signs of weakness in the global economy. new data overnight from china show its factory sector slowed last month, and a report from hsbc says new export orders declined last month with the sharpest rate in 3 1/2 years. soledad, china has fashioned itself into the factory for the world. when china's manufacturing slows, everyone worries. >> all right, christine, thank you for the upset. >>> it's what everybody's talking about this morning, arnold schwarzenegger says that his life were a movie, nobody would believe it. from body builder to movie star to governor of california, his new book is called "total recall." it's out today and it details his entire life, including the now infamous affair with his house keeper that led to the breakup of his marriage with maria shriver. schwarzenegger talked about that affair in an interview with "60 minutes." >> i think it was the stupidest thing i've done in the whole relationship. it was terrible. i inflicted tremendous pain on maria and unbelievable pain on the kids. >> margita thomps
more signs of weakness in the global economy. new data overnight from china show its factory sector slowed last month, and a report from hsbc says new export orders declined last month with the sharpest rate in 3 1/2 years. soledad, china has fashioned itself into the factory for the world. when china's manufacturing slows, everyone worries. >> all right, christine, thank you for the upset. >>> it's what everybody's talking about this morning, arnold schwarzenegger says that his...
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Oct 3, 2012
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handling the economy? vi% approve. 51% disapprove. brit, while right track/wrong track is narrowing there is still real negative numbers in the polls for president obama. >> well, for romney to have a chance, there better be. because that is the issue that is central. he had been gaining ground on the issue in a way a lot of people thought wasn't possible. if he has begun to retreat, romney needs that to happen. he needs to emerge from the whole campaign, the debates part of them as the person with the ability and the stronger plan for the economy. because this is not an economy that people find to their liking. not agreeable to people. that is where romney needs to be strong. >> bret: chuck, their target audience tonight? >> maybe state of ohio. i really mean that. without ohio, romney, most scenarios just can't win. he is going to have to come up with a message that tips ohio his way, and doesn't leigh out or ail yep nate anyone else -- alienate anyone else. he does seem to be trailing by a significant m
handling the economy? vi% approve. 51% disapprove. brit, while right track/wrong track is narrowing there is still real negative numbers in the polls for president obama. >> well, for romney to have a chance, there better be. because that is the issue that is central. he had been gaining ground on the issue in a way a lot of people thought wasn't possible. if he has begun to retreat, romney needs that to happen. he needs to emerge from the whole campaign, the debates part of them as the...
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>> the big issue in new hampshire is always the economy and taxes. so, yeah, the obama campaign has been pumping tons of noneconomic ads up here, so to speak. the romney campaign in this next five weeks brings the examination back to the economic issue, the job issue, the 8% unemployment, 23 million unemployed or underemployed. that's what mitt romney has to start doing in the debate and in the next five weeks. and i think the election is still going to be decided on jobs. >> all right. governor john sununu, former governor of new hampshire. nice to talk with you. >> thank you. >>> next, we'll hear from the obama camp on this expectations game. what's at stake for the president? the dnc chairwoman will be here. >>> plus a judge is set to rule on whether a voter i.d. law that could swing a state that hasn't been a swing state but maybe put it is back in if it's put into place. and ballots are now being cast in another key battleground state. up to 35 states voting now. >>> today's trivia question. which politician has participated in the most general
>> the big issue in new hampshire is always the economy and taxes. so, yeah, the obama campaign has been pumping tons of noneconomic ads up here, so to speak. the romney campaign in this next five weeks brings the examination back to the economic issue, the job issue, the 8% unemployment, 23 million unemployed or underemployed. that's what mitt romney has to start doing in the debate and in the next five weeks. and i think the election is still going to be decided on jobs. >> all...
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the economy needs manufacturing. machines, tools, people making stuff. companies have to invest in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm proud of that. making real things... for real. ...that make a real difference. ♪ wthe future of our medicare andr electiosocial security. for... a real difference. man 1: i want facts. straight talk. tell me your plan... and what it means for me. woman 2: i'm tired of the negative ads and political spin. that won't help me decide. man 2: i earned my medicare and social security. and i deserve some answers. anncr: where do the candidates stand on issues that... affect seniors today and in the future? find out with the aarp voters' guide at earnedasay.org boring. boring. [ jack ] after lauren broke up with me, i went to the citi private pass page and decided to be...not boring. that's how i met marilyn... giada..
the economy needs manufacturing. machines, tools, people making stuff. companies have to invest in making things. infrastructure, construction, production. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm proud of that. making real things... for real. ...that make a real difference. ♪ wthe future of our medicare andr electiosocial security. for... a...
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Sep 29, 2012
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the iranian economy is in crisis and high inflation and money has been choked off by sanctions and many iranians are embarrassed. is he becoming irrelevant now that he is really a in the last nine months of his presidency? his leadership there? >> you know, deb, i think that's a good question. i think we as americans, we think iran and we think ahmadinejad. you know, it has always been the case that in the iranian system, it's not the president, it's the supreme leader who calls the shots. now, ahmadinejad over eight years has come, you know, risen and gone down and risen and gone down in terms of his power, but, you're right to say that he's a lame duck and they have a presidential election in june and he's down to his last, you know, little more than six months and beyond that, beyond that, within the last two years, he and his inner circle have come under increased pressure and even rumors he might be arrested or those around him arrested. his power has declined and it has always been about the supreme leader. i think he still has some residual influence because he's the president, b
the iranian economy is in crisis and high inflation and money has been choked off by sanctions and many iranians are embarrassed. is he becoming irrelevant now that he is really a in the last nine months of his presidency? his leadership there? >> you know, deb, i think that's a good question. i think we as americans, we think iran and we think ahmadinejad. you know, it has always been the case that in the iranian system, it's not the president, it's the supreme leader who calls the...
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naturally it will include the economy. now the latest polls somehow president obama erasing mitt romney's edge on that number one issue and actually leading in some polls who would better handle the economy. president obama is also using a new line. >> during campaign season you always hear a lot about patriotism. well, you know what? it's time for a new economic patriotism. an economic patriotism rooted in the belief that growing our economy begins with a strong and thriving middle class. >> joining any now "newsweek" columnist and cnbc contributor, zachary carabaugh. good friday, sir. economic patriotism is a new part of the lexicon here. >> it is a new part of the lexicon. it can mean just about anything. i don't mean to sound cynical about this. if you're for the president's economic policies, you're an economic patriot, and if you're against it, you're not. it's not a clear policy. it is a very catchy phrase. >> it is a very catchy phrase. in addition to being a centerpiece of a new ad, former ohio governor ted strick
naturally it will include the economy. now the latest polls somehow president obama erasing mitt romney's edge on that number one issue and actually leading in some polls who would better handle the economy. president obama is also using a new line. >> during campaign season you always hear a lot about patriotism. well, you know what? it's time for a new economic patriotism. an economic patriotism rooted in the belief that growing our economy begins with a strong and thriving middle...
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>> it is safe to say top of line for people in this particular election is the economy and jobs. people react to what is being offered by the campaign and by the candidates so when they are looking at the candidates and evaluating the candidates both presidential candidates -- lee 11 talked-about the fact that barack obama has a more positive favorable rating than mitt romney, both of them are pretty divided when we look at people's impressions of both candidates they are divided about these candidates and part of that is that they don't see, they don't see everything they want to see in any one candidate so it is not surprising that the economy and jobs is at the top but people like thinking about these other values, and other issues as they are making their choice but having to make the choice between what they are being offered. >> there is a similar methodology the campaign pollsters use as the public pollsters' use. the goals are very different. we are trying to identify whether attitudes people might share, campaign polls are about targeting and trying to influence public o
>> it is safe to say top of line for people in this particular election is the economy and jobs. people react to what is being offered by the campaign and by the candidates so when they are looking at the candidates and evaluating the candidates both presidential candidates -- lee 11 talked-about the fact that barack obama has a more positive favorable rating than mitt romney, both of them are pretty divided when we look at people's impressions of both candidates they are divided about...
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do you think we should build the economy from the middle class out like the president does or the top down like mitt romney does? >> credit ben labolt, thanks for joining us today. >> thanks. >> we say good morning to our tuesday political power panel. leah henderson, ted devine, senior strategist for al gore and john kerry. eugene robinson wrote in "the washington post" the challenges facing mitt romney in this debate, but going specifically saying romney's task is more difficult. for the umpteenth time he has to introduce himself to the american people and erase all the impressions of the mitt romney we met earlier and reveal a coherent person, one voters can imagine as a leader. is this debate more romney against himself? critics paint him displaying this flaccid leadership. >> he has to present himself as a president who would represent all americans. he said that several times. he's practicing that debate line. here again, even when he engages with that comment, it reminds people of that 47% remark. you see him over the last couple of days. i think it was today there is an interv
do you think we should build the economy from the middle class out like the president does or the top down like mitt romney does? >> credit ben labolt, thanks for joining us today. >> thanks. >> we say good morning to our tuesday political power panel. leah henderson, ted devine, senior strategist for al gore and john kerry. eugene robinson wrote in "the washington post" the challenges facing mitt romney in this debate, but going specifically saying romney's task is...
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Oct 4, 2012
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the economy right now? is there too much? mr. president, should there be more? this is a two-minute segment to start. >> regulation is essential. you cannot have a free market work if you do not have regulation. i need to know the regulations. you cannot have people opening of things in their garage and making loans. you have to have regulations regulation can become excessive. >> is it excessive now? where? >> in some places, with some of the legislation passed during the president's term, it has become excessive. it has hurt the economy. for example, dodd-frank designates banks too big to fail. this is an enormous boom for new york banks. there have been 122 community and small banks have close since dodd-frank. >> you want to repeal dodd- frank? >> i would repel and replace it. you can i get rid of all regulation. -- you cannot get rid of all regulation. there are some parts that make all of the sense in the world. in a transparency, the average leverage limits. thist's let him respond to specific one --
the economy right now? is there too much? mr. president, should there be more? this is a two-minute segment to start. >> regulation is essential. you cannot have a free market work if you do not have regulation. i need to know the regulations. you cannot have people opening of things in their garage and making loans. you have to have regulations regulation can become excessive. >> is it excessive now? where? >> in some places, with some of the legislation passed during the...
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it shouldn't be an excuse for the other side to try to talk down the economy. just to try to score a few political points. >> mitt romney argued that the numbers disguised the fact that people have actually stopped looking for work. this morning, he campaigned in southwest virginia before going to florida where he criticized the president for failing to get specific on job growth. >> he's got a chance to explain his jobs program. did you hear what he had to say? i didn't either. [ laughter ] i heard more of the same. >> mitt romney will spend more of the next three days in florida. >> well, now we know the washington nationals finally got some answers tonight. they finally know where they're going and whole they'll face in the playoffs. carol? >> reporter: hey, doreen, the first post-season for washington, d.c. in 79 years will be in sant lewis. the cardinals had to win in atlanta tonight. taken to turner field. braves fans showing some love for chipper jones. top 6, cards up 3-2. holiday unloads this pitch. makes it a solo shot to left. cardinals win the first
it shouldn't be an excuse for the other side to try to talk down the economy. just to try to score a few political points. >> mitt romney argued that the numbers disguised the fact that people have actually stopped looking for work. this morning, he campaigned in southwest virginia before going to florida where he criticized the president for failing to get specific on job growth. >> he's got a chance to explain his jobs program. did you hear what he had to say? i didn't either. [...
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two trillion dollars annually that edges over that creates the american economy known as a mitt romney correctly pointed out last night without regulations you don't have it on hand and i don't want to rule over a soccer game and no one is talking about eliminating the regulatory state but we have to look at the fact that you were on a second ago you ride them not only to get entirely but we can if we cut the regulatory state by twenty percent we can create twelve million jobs into low gear i'll give you our. completely rather than of what we've seen president obama in these past four years he's limited more regulation of small business is than george bush did in eight years what the right that is a job is don't know but it was a lot through regulatory guidelines for these unlimited regulation when i go to a tournament i just said limited regulations but regulatory cost regulatory costs under obama have gone up forty five percent the idea of the regulator who according to the small business administration and they they do what they do with a five year snapshot of the regulatory state a
two trillion dollars annually that edges over that creates the american economy known as a mitt romney correctly pointed out last night without regulations you don't have it on hand and i don't want to rule over a soccer game and no one is talking about eliminating the regulatory state but we have to look at the fact that you were on a second ago you ride them not only to get entirely but we can if we cut the regulatory state by twenty percent we can create twelve million jobs into low gear...
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do we want a dynamic, growing economy that fosters opportunity or do we want a stagnant economy that fosters dependency? that is not who we are. we want to live free and prosper. we want to believe. [applause] when president obama came into office, he inherited a tough situation. the problem is the obama economic agenda failed, not because it was stopped. it failed because it was passed. do not forget this. he came into office with the ability to pass anything of his choosing. he did that. remember the stimulus? remember the idea that if we borrow $831 billion and spend it on pet projects and interest groups, they said unemployment would never reach 8%. we would be growing at 4% a year right now. unemployment has been above 8% for 43 months. our economy last quarter stalled at 1.3%. what is worse for all of these promises about cutting the deficit, growing the economy, bringing people together in a bipartisan fashion -- i will not even get into the oceans and tides. [laughter] i have heard that one. all of these promises were made. the idea of how been changed. it sounded good. -- th
do we want a dynamic, growing economy that fosters opportunity or do we want a stagnant economy that fosters dependency? that is not who we are. we want to live free and prosper. we want to believe. [applause] when president obama came into office, he inherited a tough situation. the problem is the obama economic agenda failed, not because it was stopped. it failed because it was passed. do not forget this. he came into office with the ability to pass anything of his choosing. he did that....
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melted down two thousand is in-style bring all businesses are bigger now but the economy has grown. frank didn't solve any of the problems is systemic problems we had wall street it didn't do anything to go it that so so would you suggest that we break up the big banks no way i think we should repeal dodd frank. you don't like god frank is it doesn't break up the big banks when they wouldn't want to is that got me an annoyed me about this debate last night is that jim lehrer's question was about the regulatory state and all of us on the president turns it to to an issue of dodd frank and the fact is that we cannot as a society ignore the fact that we have a regulatory state that cost the american economy two trillion dollars annually and sort of is over that creates the american economy no going to has a mitt romney correctly pointed out last night without regulations you don't have to go on and on and i don't want to rule over a soccer game but no one is talk. about eliminating the regulatory state but we have to look at the fact that you were on a second ago you were i don't know
melted down two thousand is in-style bring all businesses are bigger now but the economy has grown. frank didn't solve any of the problems is systemic problems we had wall street it didn't do anything to go it that so so would you suggest that we break up the big banks no way i think we should repeal dodd frank. you don't like god frank is it doesn't break up the big banks when they wouldn't want to is that got me an annoyed me about this debate last night is that jim lehrer's question was...
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we can either have a dynamic growing economy that produces opportunity or we can have a stagnant economy that fosters dependency. stick with the failed policies of the last four years for the next four years or get a brighter future. stagnation versus growth. dependency versus opportunity and upper mobility. that is the classic choice and clear difference that we are offering and what we hope people get out of this this debate is that choice. >> chris: it is interesting because for the last six months the romney campaign said this is a referendum on barack obama's record and now you are saying it is a choice. >> it is not a change in strategy. a phase of the campaign we now entered into. i think it is important. the president is trying to paper over his problems and has been trying to mislead and distort the record. it is a failed record. we think it was very important to point that out. look at unemployment. look at our poverty rates and the 23 million people struggling for work. now, at this phase of the campaign we think it is critical that people understand it doesn't have to be this
we can either have a dynamic growing economy that produces opportunity or we can have a stagnant economy that fosters dependency. stick with the failed policies of the last four years for the next four years or get a brighter future. stagnation versus growth. dependency versus opportunity and upper mobility. that is the classic choice and clear difference that we are offering and what we hope people get out of this this debate is that choice. >> chris: it is interesting because for the...
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we're hurting the economy. unless we change the laws, the regulations that implement them will state. lori: can you tell me or is it fair to suggest that these burdensome costs are actually shaving points of gdp? >> there is no question about that. again, if i told you there have been a $500 billion tax increase will be talking and howard slow gdp growth. we know the debt burden is slowing gdp growth. its other shock that we are crawling along at something under one-and-a-half percent because we have an economy that has to many burdens. large new spending programs, large debt, and now large regulatory burden. lori: the most costly federal agencies of the epa, department of housing and human services. ideas for cuts? baena we are locked in as we are talking about, but going forward . >> you have to go to the epa and ask a very, very serious question. what point have we crossed the line with a green agenda is crushing the jobs agenda. i think that is a place where we ought to start. think hard about has been goin
we're hurting the economy. unless we change the laws, the regulations that implement them will state. lori: can you tell me or is it fair to suggest that these burdensome costs are actually shaving points of gdp? >> there is no question about that. again, if i told you there have been a $500 billion tax increase will be talking and howard slow gdp growth. we know the debt burden is slowing gdp growth. its other shock that we are crawling along at something under one-and-a-half percent...
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. >> most folks are going to work, they believe enough in this economy to seek or get jobs that's really significant. >> reporter: the nation added 114,000 jobs in september, modest number about wt economists were expecting. the government reported upward revision for july and august. 86,000 jobs added over those two months. after president obama's weak debate performance wednesday, democrats are hoping this positive economic news can be a potential boost. >> the president: today's news certainly is not an excuse to try to talk down the economy to sre a few political points. it is a reminder that this country has come too far to turn back now. >> reporter: mitt romney responded to the jobs report, this is not what a real recovery looks like. former ceo of ge jack welsh ignited a twitter storm this morning when he accused the obama administration of manipulating the numbers for political gain. >> there are always charges of manipulation on either side that's conspiracy thinking. >> reporter: the bureau who put out the jobs report are infrom the political process some republicans say welsh
. >> most folks are going to work, they believe enough in this economy to seek or get jobs that's really significant. >> reporter: the nation added 114,000 jobs in september, modest number about wt economists were expecting. the government reported upward revision for july and august. 86,000 jobs added over those two months. after president obama's weak debate performance wednesday, democrats are hoping this positive economic news can be a potential boost. >> the president:...
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in hong kong, the hang seng was . >>> aggressive budget cutting from one of europe's troubled economies did help wall street snap the losing streak yesterday. spain's finance minister announced $51 billion in budget cuts yesterday hoping to convince the world it can meet its fiscal rg that news helped gold continue its recent climb towards its biggest quarterly gain in two years. >>> earlier, mixed economic data faed to impress investors and initial jobless claims hit a two montlow. the final talley on second quarter gdp was lower than ct >>tee ,attered blackberry maker research in motion reported a smaller than expected qrterly loss. shares soared in late trade. >>> discover also got after hours boost from upbeat earnings. nike, however, stumbles thanks rl ave ts and inchina. the nasdaq higher. ge, part owner of this network, hit a four-year high after predicting a 10% rise in industrial revenue. tempeurpedic will buy sealy for $229ll heineken won a battle with asia pacific breweries for the tiger beermak beermaker. california governor rry brown signed twin bills yesterday blocking uni
in hong kong, the hang seng was . >>> aggressive budget cutting from one of europe's troubled economies did help wall street snap the losing streak yesterday. spain's finance minister announced $51 billion in budget cuts yesterday hoping to convince the world it can meet its fiscal rg that news helped gold continue its recent climb towards its biggest quarterly gain in two years. >>> earlier, mixed economic data faed to impress investors and initial jobless claims hit a two...
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Oct 4, 2012
10/12
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CSPAN
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the economy right now? is there too much? mr. president, should there be more? this is not in -- this is a two- minute segment to start. >> regulation is essential. you cannot have a free market work if you do not have regulation. i need to know the regulations. you cannot have people opening of things in their garage and making loans. you have to have regulations for an economy to work. regulation can become excessive. >> is it excessive now? where? >> in some places. with some of the legislation passed during the president's term, it has become excessive. it has hurt the economy. for example, dr. frank -- dod rank -- dod -frank dissipates banks too big to fail. this is an enormous boon for new york banks. there have been 122 community and small banks have close since dodd-frank. >> you want to repeal dodd- frank? >> i would repel and replace it. there are some parts that make all of t sense in the world. in a transparency, the average once -- leverage lemons. --limits. >> of us to let him respond to this
the economy right now? is there too much? mr. president, should there be more? this is not in -- this is a two- minute segment to start. >> regulation is essential. you cannot have a free market work if you do not have regulation. i need to know the regulations. you cannot have people opening of things in their garage and making loans. you have to have regulations for an economy to work. regulation can become excessive. >> is it excessive now? where? >> in some places. with...
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Oct 3, 2012
10/12
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CSPAN2
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we need a one-nation economy. and the first big mission of the next labor government is to sort out the banks. sort them out once and for all. not just -- [applause] not just prevent another crisis but to do what hasn't been doing in decades. necessary to enable us to pay our way in the world. we need banks to serve the country, not a country that serves the banks. [applause] think about the small business i talked about earlier on. he wanted to be able to go to the bank, look at the manager in the eye, and know he was working for him. instead he found a bank more interested in playing the international money markets. that's why he was ripped off. of course, this government promised change, but things aren't really changing. so i've got a message for the bank. we can do this the easy way or the hard way. either you fix it yourselves between now and the election, or the next labor government will once and for all ensure that the high street bank is no longer the arm of a casino operation and we will -- [inaudible]
we need a one-nation economy. and the first big mission of the next labor government is to sort out the banks. sort them out once and for all. not just -- [applause] not just prevent another crisis but to do what hasn't been doing in decades. necessary to enable us to pay our way in the world. we need banks to serve the country, not a country that serves the banks. [applause] think about the small business i talked about earlier on. he wanted to be able to go to the bank, look at the manager in...
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morgan chase and just before the economy went into meltdown in two thousand and eight according to a lawsuit banks at bear stearns knowingly sold defective loans and mortgage backed securities. and kept their investors in the dark about how crummy these deals were and just like the bankers a goldman sachs bear stearns bank stirs openly bragged to each other about how bad the deals were and how much their customers were getting screwed and bear stearns made big money off the fraud at the height of the housing bubble between two thousand and three and two thousand and six bear stearns generated two hundred twelve billion dollars in mortgage backed securities unfortunately all of these securities were to use a more delicate term than the ones that the banks or themselves used crap and when the housing bubble went bust so too did bear stearns which was then bought by j.p. morgan chase the bank that is now liable for all that fraud officials within schneiderman's office is suggesting the j.p. morgan chase is just the first in a long line of banks that could be hit with similar lawsuits ye
morgan chase and just before the economy went into meltdown in two thousand and eight according to a lawsuit banks at bear stearns knowingly sold defective loans and mortgage backed securities. and kept their investors in the dark about how crummy these deals were and just like the bankers a goldman sachs bear stearns bank stirs openly bragged to each other about how bad the deals were and how much their customers were getting screwed and bear stearns made big money off the fraud at the height...
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Sep 28, 2012
09/12
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KNTV
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it's all about the economy. >> reporter: more than half the country has already started voting just days before the first presidential debate. more numbers now. gallup tells us that president obama's approval rating is still hovering around 50%. lynn, it turns out this could end up being his best month in terms of that approval rating in a year. >> tracie potts in washington, thanks so much. >>> now here is a look at other stories making news early today in america. in utah, it was a dramatic rescue for a young deer that got trapped in a manhole earlier this week. poor little guy. officers used a climbing rope to lasso the animal and hoist it to safety. it was then released back into the wild. >>> beer drinkers, you may want to turn away. cases of beer went flying onto a colorado highway from an overturned semi that apparently took a turn too quickly. the stretch of highway was closed for threely three hours while crews cleaned up the big mess and set the truck up right t. driver suffered minor injuries. >>> finally, the big apple is planning to add another big tourist attraction. new yo
it's all about the economy. >> reporter: more than half the country has already started voting just days before the first presidential debate. more numbers now. gallup tells us that president obama's approval rating is still hovering around 50%. lynn, it turns out this could end up being his best month in terms of that approval rating in a year. >> tracie potts in washington, thanks so much. >>> now here is a look at other stories making news early today in america. in...
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Sep 29, 2012
09/12
by
FBC
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the economy is still rough. neil: i think we have gotten used to this trend of lousy numbers. >> exactly, you are lowering the bar of expectation. i am so hopeful that we have two more unemployment report before the presidential election people will zero in on these and realize that the policies are not working. that the economy is trouble. >> at this point, we shouldn't be the country that celebrates media and. suddenly, i can return to the roots of america. show us how you do it. i am shocked that obama is polling better than mitt romney on the economy. neil: is that obama still? >> it is the phrase du jour. i want to hear him be loud about this. spending cuts and higher taxes, they say that this will drive us into a full recession if they don't resolve it. neil: bearer scaring everyone is a party, they are scaring everyone. >> they should be scared. >> the bottom line is that this is not the america that became the greatest country in the world. this is not the america that will continue to be the greatest co
the economy is still rough. neil: i think we have gotten used to this trend of lousy numbers. >> exactly, you are lowering the bar of expectation. i am so hopeful that we have two more unemployment report before the presidential election people will zero in on these and realize that the policies are not working. that the economy is trouble. >> at this point, we shouldn't be the country that celebrates media and. suddenly, i can return to the roots of america. show us how you do it....
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Oct 4, 2012
10/12
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CNNW
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every free economy has good regulations. at the same time, it could be become excessive. >> is it engs cessive now? >> in some places. and out of date. in some legislation passed during the president's term, have you seen regulation become excessive and it's hurt the economy. let me give you an example. dodd frank passed and includes within it a number of provisions that i think has a number of consequences. banks too big to fail. this is the billinge ebiggest k york banks i have ever seen. 122 community and small banks have closed since dodd-frank. there is one example. >> you want to repeal dodd-frank? >> repeal and replace it. we're not getting rid of all regulation. there are some parts of dodd-frank that make all the sense in the world. you need transparency, you need to have leverage limits for -- >> here is the specific -- >> excuse me. >> let's talk about the big one. >> no, let's not. let's let him respond, let's let him respond to dodd frank and what the governor said. >> i think this is a great example, the reason
every free economy has good regulations. at the same time, it could be become excessive. >> is it engs cessive now? >> in some places. and out of date. in some legislation passed during the president's term, have you seen regulation become excessive and it's hurt the economy. let me give you an example. dodd frank passed and includes within it a number of provisions that i think has a number of consequences. banks too big to fail. this is the billinge ebiggest k york banks i have...
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Sep 28, 2012
09/12
by
FBC
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this is the worst economy since the great depression. we're beginning to get, crawl out from underneath it. the economy here in phoenix is getting a little better but there are still a lot of people that used to be solidly middle class living under very difficult circumstances. including many who thought they would never be living on food stamps are living on food stamps n any government program there is small amount of abuse. that is the vast minority of people. the vast majority of people are need a program to help them get through difficult times on a temporary basis. after this economy turns around they will be fully employed. i hate to criticize a program because there are some people abuse it. the vast majority of people are good, hard-working people that need it. i can only tell you if you play by the rules, under the food stamp program you don't get a lot, at least for food. the ones i'm really thinking about during last week were kids. i mean, skip a few meals, it is kids living through it. melissa: nobody wants kids to go hungr
this is the worst economy since the great depression. we're beginning to get, crawl out from underneath it. the economy here in phoenix is getting a little better but there are still a lot of people that used to be solidly middle class living under very difficult circumstances. including many who thought they would never be living on food stamps are living on food stamps n any government program there is small amount of abuse. that is the vast minority of people. the vast majority of people are...
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Oct 1, 2012
10/12
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MSNBC
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including job approval rating, romney favorability, and who wins on the economy. in three states, the president had a job approval rating of 49 or above. romney's unfavorable rating was higher than his favorable rating, and the president led romney on the economy. in three of those stays, iowa, ohio, new hampshire. just one state did you have the president's job approval rating 48% or over and romney winning on the issue of the economy. that's north carolina. if you look at it that way and go to the map to 270, what does that mean, and you put those four states into the respective categories, and look at. this the president for suur sho. romney a long way to go has to sweep the rest. there are five left in the background. florida, virginia, wisconsin, colorado, nevada. this is where if romney does do what chris christie said he will do, the first place you'll see it are in the five states that are left. >> ralph reed, that's a lot of movement that has to take place to overcome where the campaign is. yet you heard chris christie say it this morning on the program,
including job approval rating, romney favorability, and who wins on the economy. in three states, the president had a job approval rating of 49 or above. romney's unfavorable rating was higher than his favorable rating, and the president led romney on the economy. in three of those stays, iowa, ohio, new hampshire. just one state did you have the president's job approval rating 48% or over and romney winning on the issue of the economy. that's north carolina. if you look at it that way and go...